$PUMP is hovering near 0.003064 to 0.003100 and the chart is finally showing the exhaustion signs that usually open the door for a controlled downside move. The candles are losing strength the bounces are getting weaker and the reaction from resistance keeps fading faster each time. This is the kind of setup where a short makes sense because the structure is tightening at the top and momentum is quietly shifting against the bulls.
If price stays below the upper band this pullback can unfold smoothly with each target acting as a natural step down. With PUMP currently around 0.003007 the setup is already pressing into the zone where sellers can take full control.
Entry 0.003064 to 0.003100
TP1 0.003000
TP2 0.002950
TP3 0.002900
Stop 0.003150
The trend is softening the chart is rolling over and one solid rejection candle can send PUMP sliding straight into targets. Stay sharp this move can play out quickly once momentum breaks.
PUMP
0.002994
-0.72%